On Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Public

  • Employees
  • 2,353

Employees

  • Stock Symbol
  • ONON

Stock Symbol

  • Investments
  • 1

  • Share Price
  • $49.95
  • (As of Thursday Closing)

On General Information

Description

On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoes, apparel, and accessories products are designed predominantly for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and relies instead on third-party suppliers and contract manufacturers. Geographically, it derives a majority of its revenue from the Americas and rest from Europe, Middle East and Africa, and Asia-Pacific region.

Contact Information

Website
www.on.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • Förrlibuckstrasse 190
  • 8005 Zurich
  • Switzerland
+41 044
Primary Industry
Footwear
Other Industries
Specialty Retail
Clothing
Internet Retail
Stock Exchange
NYS
Vertical(s)
E-Commerce, TMT
Corporate Office
  • Förrlibuckstrasse 190
  • 8005 Zurich
  • Switzerland
+41 044

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On Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$49.95 $50.95 $23.41 - $52.80 $16.3B 320M 4.94M $0.54

On Financials Summary

In Thousands,
USD
TTM 30-Jun-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 12,090,295 8,330,442 5,401,749 11,133,351
Revenue 2,257,897 1,993,615 1,279,914 792,571
EBITDA 296,057 144,062 128,714 (137,601)
Net Income 173,780 88,551 60,430 (186,166)
Total Assets 2,275,817 1,896,564 1,491,037 1,352,697
Total Debt 381,787 272,639 173,005 197,790
Public Fundamental Data provided by Morningstar, Inc. disclaimer

On Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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On Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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On Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoes, apparel, and ac
Footwear
Zurich, Switzerland
2,353 As of 2023

Los Angeles, CA
 

Portland, OR
 
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On Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
K-Swiss Corporate Backed or Acquired Los Angeles, CA
Columbia Sportswear Corporation Portland, OR
Lorna Jane Formerly PE-Backed Eagle Farm, Australia
FILA Korea Corporation Seoul, South Korea
Altra Private Equity-Backed Denver, CO
You’re viewing 5 of 11 competitors. Get the full list »

On Executive Team (11)

Name Title Board Seat
Marc Maurer Co-Chief Executive Officer
Martin Hoffmann Chief Financial Officer and Co-Chief Executive Officer
Samuel Wenger Deputy Chief Financial Officer
Jiahui Yin Chief Operating Officer
Alex Griffin Chief Marketing Officer
You’re viewing 5 of 11 executive team members. Get the full list »

On Board Members (6)

Name Representing Role Since
Amy Banse JD Self Board Member
Caspar Coppetti Self Founder & Board Member
David Allemann Self Co-Founder & Co-Chairman
Dennis Durkin Self Board Member
Olivier Bernhard Self Founder & Board Member
You’re viewing 5 of 6 board members. Get the full list »

On Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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On Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Brunner Mettler 01-Jan-2019 Media and Information Services (B2B)
To view On’s complete acquisitions history, request access »

On Subsidiaries (1)

Company Name Industry Location Founded
Brunner Mettler Media and Information Services (B2B) Zurich, Switzerland
To view On’s complete subsidiaries history, request access »

On ESG

Risk Overview

Risk Rating

Updated November, 01, 2023

19.64 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 16,009

Rank

Percentile

Textiles & Apparel

Industry

of 211

Rank

Percentile

Footwear

Subindustry

of 34

Rank

Percentile

To view On’s complete esg history, request access »

On FAQs

  • When was On founded?

    On was founded in 2010.

  • Who is the CEO of On?

    Marc Maurer is the CEO of On.

  • Where is On headquartered?

    On is headquartered in Zurich, Switzerland.

  • What is the size of On?

    On has 2,353 total employees.

  • What industry is On in?

    On’s primary industry is Footwear.

  • Is On a private or public company?

    On is a Public company.

  • What is On’s stock symbol?

    The ticker symbol for On is ONON.

  • What is the current stock price of On?

    As of 10-Oct-2024 the stock price of On is $49.95.

  • What is the current market cap of On?

    The current market capitalization of On is $16.3B.

  • What is On’s current revenue?

    The trailing twelve month revenue for On is $2.26B.

  • Who are On’s competitors?

    K-Swiss, Columbia Sportswear, Lorna Jane, FILA Korea, and Altra are some of the 11 competitors of On.

  • What is On’s annual earnings per share (EPS)?

    On’s EPS for 12 months was $0.54.

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